Tag Archive for 'Business'

My Davos Contribution: How Finance and XBRL Can Restart Sustainable Growth

BRUSSELS–As I’m enjoying outstanding Belgian cuisine with the family of a CLOUD, Inc. colleague after a day of meetings about how computer standards can improve the clarity and efficient use of information and provide for more accurate evaluation of the trust that one might place in information, a 500-mile drive south of here the world’s [...]

Asset-Backed Securities: Disclosure Regulation or Substantive Legislation?

In addition to improving asset-backed securities disclosure (using XBRL perhaps?), SEC Chairman Mary Schapiro called for substantive ABS regulation in a speech Tuesday to SIFMA, the parent organization of the American Securitization Forum (link to colorful Michael Lewis description):

ABS Regulation
In one final example, I believe there may be gaps that should be filled in the [...]

If this is Chris Whalen’s Draft, I Can’t Wait for His Final

Institutional Risk Analyst co-founder Chris Whalen writes in the new edition of his newsletter:
Until we break the Alliance of Convenience between the Congress, the Fed and the large, TBTF (too big to fail) banks and force our public officials to embrace core American values regarding transparency, insolvency and accountability, we will not in my view [...]

XBRL: New Structure and Price of Information Focus of Day 1

SANTA CLARA, Calif. – The XBRL Pacific Rim Technology Workshop and Summit kicked off Tuesday afternoon with experts agreeing about the quality of the first 42 mandatory U.S. Securities and Exchange Commission filings and demonstrating palpable ambition for the future of free financial information.
Well, mostly free.